Not thinking about

Roper Industries

2018 EBIT Multiple Comparison

Asset Light Companies Capital Intensive Companies

McDonalds 17.1x Premium Brands Holdings 19.1x

Restaurant Brands International 17.7x Maple Leaf Foods 13.2x

Domino's Pizza 22.5x Procter & Gamble 14.9x

Coca-Cola 20.8x Nestle 17.4x

Average 19.0x Average 16.2x

Nathan's Famous 12.7x